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Technology Stocks : FLSH - M-FLASH SYSTEMS DISK PIONEERS

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To: burt l seifman who wrote (583)1/22/1999 6:41:00 PM
From: Jerome Wittamer  Read Replies (1) of 923
 
Did you guys listen to this interview of Chuck Schouw?

wallstreetreporter.com and look for the M-Systems interview

Do not expect any real fundamental sustainable price change in the near future. If (as FLSHF shareholders you know the story about 'ifs' right) the company delivers promised DOC 16MB and 32MB and 64MB then we are rich. Until then, don't count on it.

We could see sudden price surges but which could not last long until the above mentioned product come out.

The market wants cash flows. As soon as the cash will start flowing in, you'll see how the quote will react. Based on a DCF evaluation the company is currently overevaluated. Of course some investors expect the company to execute...this explains the current price.
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